‘Many of life’s failures are people who did not realize how close they were to success when they gave up.’

Thomas Edison15

Innovation and failure, according to Bezos, are ‘inseparable twins’. It is Amazon’s acceptance of failure as a learning experience that sets them apart from other businesses. ‘[E]very single important thing that we have done has taken a lot of risk taking, perseverance, guts, and some of them have worked out, most of them have not’, says Bezos. Let’s be clear, the ones that have worked out – for example, Prime, Amazon Web Services (AWS) and Amazon Echo – have been colossal successes for the company.